Support local stores to increase property values

11 February 2021 | Business

The economy has been tough on many local businesses and restaurants who are struggling to keep their doors open under ongoing restrictions. In light of this, people who live nearby are encouraged to support these struggling enterprises to help maintain the overall appeal of the neighbourhood.
According to Regional Director and CEO of RE/MAX of Southern Africa, Adrian Goslett, the value of properties increases in the area if the suburb is well-maintained and there are popular spots for locals to frequent. This includes restaurants and coffee shops, as well as local grocery stores, pharmacies, and any other charming businesses that make a suburb more convenient, interesting and appealing to buyers.
“If businesses shut down, leaving shops vacant for extended periods, this will attract vagrants and will have a negative impact on property values in the area. It is therefore in homeowners’ own interests to help keep the local businesses in their suburbs open and thriving,” he explains.
There are many ways for those within the community to show their support for their local businesses, either by choosing to purchase from these stores regularly or by recommending them to family and friends.
As part of the RE/MAX national Show Your Love campaign that is running through the month of February, Goslett says that their network has been invited to support struggling local business either by making substantial purchases or by leaving positive online reviews and recommending them via social media.
“Every bit counts towards helping local businesses stay open, which in turn will have a knock-on effect on our economy as well. We encourage everyone to join us in our efforts to help support local businesses in any way we can as we continue to navigate through these challenging circumstances,” Goslett concludes.

Similar News

 

Knight Piésold celebrates a century

2 hours ago | Business

From its humble beginnings in South Africa on 1 April 1921, Knight Piésold has established and grown its local operations within Southern Africa, through its...

Sewing machines, fabric for NCS

1 day - 21 April 2021 | Business

Mulungushi Textiles & Importers recently donated overlock sewing machines and fabrics worth around N$100 000 to the Namibian Correctional Services. The Khomas & Hardap regions...

Future Females talk with Lynne Fraser

3 days ago - 19 April 2021 | Business

Windhoek • [email protected] a lot of hard work and dedication to manage human potential and educating people to masterbeing themselves, Lynne Fraser has earned her...

Post-budget event unpacks Namibia's fiscal sustainability

4 days ago - 18 April 2021 | Business

RMB Namibia held a post-budget event with clients in Windhoek and Swakopmund under the theme 'Unpacking Namibia’s fiscal sustainability trajectory.'Ruusa Nandago, FirstRand Namibia Economist talked...

Women seen in house buying market

4 days ago - 18 April 2021 | Business

The FNB House Price Index posted an annual growth of 3.5% year on year at the end of 2020 compared to -4.7% y/y recorded over...

New group CCO for Paratus

1 week ago - 15 April 2021 | Business

Paratus has appointed Martin Cox as its Group Chief Commercial Officer, bringing a wealth of experience as a founder shareholder of Neotel and Executive for...

VIP visit to local plastic manufacturer

1 week ago - 12 April 2021 | Business

Industrialisation and trade minister (MIT) Lucia Iipumbu recently paid a visit to Namibia Plastics and Packaging Distributors at their Brakwater plant on the outskirts of...

RCC on the streets

1 week ago - 09 April 2021 | Business

The Roads Contractor Company (RCC) was on Thursday evicted from a rented building owned by the Namibia Post and Telecom Holdings Limited (NPTH) for non-payment.RCC...

Pay with crypto here!

3 weeks ago - 01 April 2021 | Business

Furniture retailer Nictus announced that it would be accepting current mainstream digital currencies such as Bitcoin, Ethereum and Bitcoin Cash for furniture purchases at its...

Diamond Arrow for Engen Namibia

3 weeks ago - 29 March 2021 | Business

Engen Namibia received a Diamond Arrow Award, at the annual Professional Management Review (PMR) awards ceremony which was held in the capital recently. The brand...

Latest News

Struggle kids ‘stigmatised’

2 hours ago | Social Issues

Children of the liberation struggle, also known as ‘struggle kids’, feel it is hard for them to secure employment outside government, because there is a...

Central estates agents awarded

2 hours ago | Banking

Aqua Real Estate, Rightmove Properties Windhoek and Arnel Properties were announced as the top three central estate agencies servicing Bank Windhoek.In the category for Residential...

Knight Piésold celebrates a century

2 hours ago | Business

From its humble beginnings in South Africa on 1 April 1921, Knight Piésold has established and grown its local operations within Southern Africa, through its...

Visual arts on a roll!

1 day - 21 April 2021 | Art and Entertainment

The Bank Windhoek Triennial 2020 Awards ceremony and exhibition opening takes place on Thursday (22 April 2021) at 16:00. With 491 submissions received of which...

Family’s battle to reunite continues...

1 day - 21 April 2021 | Justice

Windhoek • [email protected] Namibian High Commission in Pretoria on Tuesday briefly shut the door to Namibian Phillip Lühl after he tried to submit a formal...

Campaigning for counselling

1 day - 21 April 2021 | Crime

Members of Parliament (MPs) have proposed compulsory counselling and psychological support for victims, perpetrators or anyone exposed to gender-based violence to end the cycle of...

Whistleblower Stefánsson scoops WIN WIN...

1 day - 21 April 2021 | Justice

This year’s winner of the WIN WIN Gothenburg Sustainability Award is the Icelandic whistleblower Jóhannes Stefánsson, who led the revelation of a widespread corruption scandal...

Sewing machines, fabric for NCS

1 day - 21 April 2021 | Business

Mulungushi Textiles & Importers recently donated overlock sewing machines and fabrics worth around N$100 000 to the Namibian Correctional Services. The Khomas & Hardap regions...

Is your agent making use...

1 day - 21 April 2021 | Life Style

The way we live and work has been dramatically altered by the pandemic. It follows then that the way people buy and sell houses will...

Load More